So what does a picture of a guy (yeah that’s me) staring at the Matterhorn have to do with Canadian taxes and small business? Not much really, other than they can both make you feel pretty small at times. That’s as close as I ever got to climbing the Matterhorn, so I’m afraid this won’t be a blog about climbing real mountains.
Still here? Ah, you must have come for the tax stuff! Good, because that’s something I can help you with. I LOVE TAXES. For 6 months of every year, I manage the Personal & Small Business Taxation Department of a small Chartered Accounting firm. I file over 170 complicated Canadian tax returns for our clients every year. For the other 6 months, I am a fiction writer, but that’s another story :)
This blog will save small business owners thousands of dollars in accounting and legal fees. I intend to answer all your questions about the process of starting a business, keeping the books, and filing taxes at the end of the year for a small business. And I plan on doing it without anyone’s eyes glossing over. I promise. I’ll also be talking about the latest personal tax credits and how to claim them.
Canada has a self-reporting taxation system, and it is my belief that everyone who has a straightforward-to-intermediate tax situation can benefit greatly by filing their own taxes. Knowledge of how taxes work should be taught in school. People make silly decisions about their finances that cost them a lot of money in the end. Not to mention the gobs of money they waste on accountants, lawyers, and expensive accounting software. (Whoops…did I just say that out loud?)
So send me your questions! I’ll try to get to them as soon as I can–it may take me a while, but I promise to do what I can, and if I don’t know the answer I’ll tell you that too.
I have one rule: please, don’t ask to hire me. This isn’t that kind of blog. The truth is, the firm I work for has not taken on any new clients for the last 7 years (yes we are that busy). Every year we turn away at least a dozen new clients. Public practice is not the sexy place to be for accountants these days, so those of us that do offer our services are overworked and overpaid.
Now, let’s get down to business…